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Updated RecentlyExecutive Tans Franchise
Tanning salons
Wayne Smeal opened the first Executive Tans in Denver in 1991. The company now operates salons throughout the Southwest that offer customers tanning services and massages as well as swimwear and tanning products.
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How much does it cost to open a Executive Tans Franchise?
The investment required to open a Executive Tans Franchise is between $125,000-$499,000. There is an initial franchise fee of $25,000 which grants you the license to run a business under the Executive Tans name.
Individual Unit Costs
- Initial Investment:
$125,000-$499,000 - Initial Franchise Fee:
$25,000 - Royalty Fee:
$795/mo. - Advertising Fee:
- Term of Agreement:
10 years - Renewal Fee:
$500
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Executive Tans News & Press Releases
When did Executive Tans start Franchising? 1995
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2005 | 93 | 1 | 0 | 3 |
| 2004 | 77 | 0 | 0 | 4 |
| 2003 | 80 | 0 | 0 | 2 |
| 2002 | 37 | 0 | 0 | 1 |
| 2001 | 29 | 0 | 0 | 2 |
International:
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | No |
| Payroll | No | No |
Third Party Financing Source(s): the SBA
Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
Co-op advertising, Ad slicks, National media, Regional advertising
14% of all franchisees own more than one unit
Number of employees needed to run franchised unit: 1 - 2
Absentee ownership of franchise is allowed. (81% of current franchisees are owner/operators)
Business Experience:
To calculate how much income a franchise owner can do at Executive Tans Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Legal Disclaimer: This information is not a franchise offering for Executive Tans and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing an Executive Tans franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Executive Tans
Executive Tans Inc.
165 S. Union Blvd., #780
Lakewood,
CO
80228